CSUCI president to leave for CSUN
Erika Beck, president of CSU Channel Islands, has been appointed to a new role as the president of CSU Northridge.
Amgen beats expectations in Q3 earnings report
Amgen, one of the biggest biopharmaceutical companies in the world, continued to see growth in the third quarter of 2020, despite the COVID-19 pandemic. The Thousand Oaks-based company saw total revenue of $6.4 billion for the quarter, up 12 percent from the third quarter of 2019. Earnings per share increased 5 percent to $3.43. Both Read More →
GeoLinks secures private equity investment
Geolinks, a fast-growing internet service provider based in Camarillo, secured what it called “a significant minority investment” from a group led by Rock Mountain Capital, GeoLinks announced Oct. 27. The private equity investment will help GeoLinks with its plans for expanding its network, making strategic acquisitions and streamlining its internal growth and operations. “GeoLinks launched Read More →
Port of Hueneme coming back strong from pandemic
Business at the Port of Hueneme bounced back from the COVID-19 pandemic much quicker than management expected, allowing the port to keep its focus on the environment, port officials said at their 2020 “State of the Port” address on Oct. 15. When the shutdown started in March, all 10 of the automobiles manufacturers that use Read More →
Driven by pandemic loans, American Riviera Bank reports record earnings
American Riviera Bank saw its net income rise sharply this year, with a 46 percent increase in net income in third quarter earnings year-over-year. The Santa Barbara-based bank reported $2.26 million in net income the quarter, or 45 cents per share. For the same quarter in 2019, the bank had $1.55 million in net income, Read More →
Earnings up at Community West Bank
Community West Bancshares, the holding company for Goleta-based Community West Bank, saw net income and net interest income rise in the third quarter, according to the company’s latest financial filings. The bank reported a net income of $2.9 million, or 33 cents per diluted share, as compared to $2.2 million, or 25 cents per diluted Read More →
Ventura County hit with lawsuits over General Plan
More than half a dozen groups have sued Ventura County in response to the county’s recently adopted 2040 General Plan. The plan went into effect Oct. 15, 30 days after it was passed by the Ventura County Board of Supervisors. Several of the groups that filed suit against the county are oil and energy interests Read More →
